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Do you have any source for Youtube being profitable? They've only been starting publishing revenue for it recently, but as of Q1 2020 they were still hiding pro
by arcturus17 6y ago
Do you have any source for Youtube being profitable? They've only been starting publishing revenue for it recently, but as of Q1 2020 they were still hiding profits [0]
Some analysts I follow (I think Ben Thompson was in this camp) have been long speculating that it was actually operating at a loss.
[0] https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us-about-youtube-and-cloud-profits.html https://www.cnbc.com/2020/02/03/google-still-isnt-telling-us...
- bryanlarsen 6y agoThey started reporting both of those in the last quarter. Youtube is profitable, GCP isn't. https://abc.xyz/investor/static/pdf/2020Q4_alphabet_earnings_release.pdf?cache=9e991fd https://abc.xyz/investor/static/pdf/2020Q4_alphabet_earnings...